The October 2012 international trade deficit increased 4.9 percent from September, to $42.2 billion. Exports fell 3.6 percent, to $180.5 billion, and imports decreased 2.1 percent, to $222.8 billion.
Personal income in October 2012 increased less than 0.1 percent. Nominal personal consumption expenditures (PCE) decreased 0.2 percent and real PCE fell 0.3 percent. Nominal disposable personal income (DPI) increased less than 0.1 percent while real DPI fell 0.1 percent. The personal saving rate as a percentage of DPI was 3.4 percent in October.
Real gross domestic product (GDP) grew at an annual rate of 2.7 percent in the third quarter of 2012, according to today’s second estimate. This follows a growth rate of 1.3 percent in the second quarter of 2012.
Real gross domestic product (GDP) grew at an annual rate of 2.0 percent in the third quarter of 2012, according to today’s advance estimate. This follows a growth rate of 1.3 percent in the second quarter of 2012.
The August 2012 international trade deficit increased 4.1 percent from July, to $44.2 billion. Exports fell 1.0 percent, to $181.3 billion, and imports declined 0.1 percent, to $225.5 billion.
